Swvl reports $24.2 million revenue, returns to profitability
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Swvl Announces FY 2025 Results; Revenue Up 41% to $24.2 million; Net Income $1.3 million; NDR of 128%; GCC Revenue Up 122%
April 20, 2026 7:30 AM EDTNet income of $1.3M in FY 2025 versus net loss of $10.3M in FY 2024
Revenue grew by 41% to $24.2M; GCC revenue more than doubled (+122%)
Operating loss narrowed by 94% to $0.5M from $8.5M, approaching operating profitability
Recurring revenue increased to 84%; dollar-pegged revenue reached 33% of total revenue
Net Dollar Retention reached 128% across all markets in USD and sales backlog of $38.2M
Total equity returned to positive $2.9M
DUBAI, United Arab Emirates, April 20, 2026 (GLOBE NEWSWIRE) -- Swvl... More
